ThinkSoft Global shares locked at 20% lower circuit

Tuesday, February 16th, 2010

ThinkSoft Global Shares Solutions are locked at 20% lower circuit at Rs397.10 on the back of huge volumes. The scrip opened at Rs499 it touched an intra-day high of Rs499 and a low of Rs397 and recorded volumes of over 1.5mn shares on NSE.
 
The stock debuted at Rs100 a discount of 20% over the IPO [...]

Colgate gets board nod to merge subsidiary with itself

Friday, February 12th, 2010

Personal care products major Colgate Palmolive today announced that it will merge its subsidiary Professional Oral Care Products Pvt Ltd with itself from April one.

The board gave its approval for the merger today, the company said in its filing to the Bombay Stock Exchange.
Colgate Palmolive, which held a 75 per cent stake in Professional Oral, [...]

Sensex up 125 pts higher, driven by positive cues from US

Saturday, February 6th, 2010

Indian shares snapped a two-day falling streak to close 0.8 percent higher on Saturday buoyed by overnight gains on Wall Street, but BSE investors remained cautious about European debt and the global recovery.

The Bombay Stock Exchange benchmark Sensex resumed higher by 142 points and touched an intraday high of 15,951.07 points before ending at 15,915.65, [...]

Punj Lloyd Group reports revenue of Rs. 5,844 crores and net profit at Rs. 180

Monday, October 26th, 2009

Punj Lloyd Group, the diversified engineering,procurement & construction conglomerate, today announced its financial results forthe first half (H1) and second quarter of FY2010

H1 FY2010 Results (All in comparison with H1 FY2009)

• Revenues at Rs. 5,844 crores as compared to Rs. 5,611 crores
• EBIDTA remains flat at Rs. 521 crores
• PAT at Rs. 180 crores as [...]

Hardy Oil, Reliance Decline After Abandoning 1 Well in KG D9 block

Friday, October 23rd, 2009

Reliance Industries Ltd. fell to a six-week low in Mumbai and partner Hardy Oil & Gas Plc, a U.K. explorer focused on Asia, had its biggest decline in London trading after an Indian well showed “poor” reservoir sands

Reliance Industries (RIL), the field’s operator, holds 90% in KG D9. RIL’s stock was seen under pressure after the news came [...]